Forex Signals for Euro, EURUSD Aug 22nd, 2010
Having lost the 1.2730 base, the path is now clear for an early resumption of the downtrend. Ideally this level will now contain as the downtrend resumes to the next 1.2580-1.2600 target zone. This area represents a full 50 percent retracement of the entire 1.1875 to 1.3335 rally. However, this move has the potential to accelerate the decline to
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